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Nessie000 Posted 17 years ago
Grammar
'tax haven'?
Hi,
I'm reading about the G20 summit on the Financial Times, and they said that France and Germany wanted better financial regulations and tax havens, but I can't understand that very well. What is 'tax haven'?
The French president said tax havens were evidence of "capitalism without a conscience".
Many thanks,
Nessie.
I'm reading about the G20 summit on the Financial Times, and they said that France and Germany wanted better financial regulations and tax havens, but I can't understand that very well. What is 'tax haven'?
The French president said tax havens were evidence of "capitalism without a conscience".
Many thanks,
Nessie.
Top answer
I doubt they want better tax havens! They more likely want to regulate them more closely, or eliminate them. " People who have money, and their lawyers, study the tax laws to find ways to avoid paying taxes.
- I doubt they want better tax havens!
- They more likely want to regulate them more closely, or eliminate them.
- " People who have money, and their lawyers, study the tax laws to find ways to avoid paying taxes.
- Many hide their assets offshore, or in Swiss banks.
- "
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1 Answers
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I doubt they want better tax havens! They more likely want to regulate them more closely, or eliminate them.
The synonym is "tax shelter."
People who have money, and their lawyers, study the tax laws to find ways to avoid paying taxes. Many hide their assets offshore, or in Swiss banks. There are certain types of investments which are tax free, or which provide substantial
The synonym is "tax shelter."
People who have money, and their lawyers, study the tax laws to find ways to avoid paying taxes. Many hide their assets offshore, or in Swiss banks. There are certain types of investments which are tax free, or which provide substantial
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